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http://www.talk2action.org/story/2012/3/19/14547/1324/Dominionism_in_the_military/Christians_Bilking_Christians
Just a few years ago, during the height of the recession, his
organization froze wages, stopped contributing to employees' 401(k)
retirement accounts, and turned down the thermostat at its new
headquarters during the winter, all in attempts to save money.
However, at the same time all this belt tightening was going on he was
breaking ground on a new 4 million-dollar home on lakefront property
in South Carolina, and raking in a record amount of contributions to
his ministry.
Meet David Cerullo, and welcome to the world of the "prosperity
gospel," where the only people we know for sure are prospering are the
ministers running the show.
Shake your money maker
Unlike the morally compromised televangelist Jimmy Swaggart, who
favored prostitutes, or Ted Haggard, the former head of the National
Association of Evangelicals and founder and pastor of New Life Church
in Colorado Springs, Colorado, who resigned those posts after
revelations of his sex and drugs scandal came to light, David Cerullo
has not been enveloped by such scandals.
David Cerullo, the son of evangelist Morris Cerullo and the CEO of
Inspiration Networks (INSP) -- a prominent Christian evangelical
organization - is, however, under fire over revelations that he is
being grossly overpaid; pocketing a multimillion-dollar salary.
Cerullo, who began his rise in the ranks of televangelism's chosen
after his father, evangelist Morris Cerullo, paid $7 million in 1990
for the PTL television studios abandoned by the scandal-ridden Jim and
Tammy Faye Bakker, has carved out quite an empire for himself and his
family.
A while back, Chuck Shepherd's News of the Weird pointed out that
"With his father, preacher Morris Cerullo, they assure followers that
the more they give, the more God will return to them. In a recent TV
spot, Morris, speaking first in tongues, and then addressing the
currently credit-challenged: `When you (donate), the windows of
heaven...open for you...100 fold.' `Debt cancellation!' (The on-screen
message: `Call now with your $900 offering and receive God's debt
cancellation!')"
Prosperous and enterprising
In her book, God's Profits: Faith, Fraud, and the Republican Crusade
for Values Voters (PoliPointPress, 2008,) Sarah Posner pointed out
that the Word of Faith movement, which Morris Cerullo has been part
of, "emphasizes the power of the born-again believer in Jesus Christ
to call things into existence, including the believer's own physical
and mental health and, most important, the believer's financial
prosperity."
Posner also noted that "critics of Word of Faith charge that it is a
heresy that robs its followers of spiritual fulfillment; an affinity
fraud that robs them of their money, and a distortion of the
Scriptures, run by authoritarian preachers ..."
The bottom line: The so-called "prosperity gospel" or "the health and
wealth gospel" has undoubtedly become a prosperous enterprise for
those soliciting bucks from believers.
According to Charisma News, "Cerullo earned nearly $2.5 million in
total compensation in 2010. That marks a 47 percent pay increase since
2008." In addition to Cerullo's off-the-charts compensation, it has
also been revealed that several of Cerullo's family members, including
his wife, son, and daughter "receive salaries approaching $200,000."
In addition, according to reporting by The Charlotte Observer,
"Altogether, at least 25 executives on the broadcaster's payroll got
total compensation of more than $150,000 in 2010, the IRS return
shows."
"With a budget of more than $95 million, [Cerullo's operation] has
raised much of its money by telling viewers that God brings financial
favor to those who donate. Televangelists tell viewers to expect
miracles if they send money," The Charlotte Observer reported. The
newspaper's research found that Cerullo is the best-paid leader of any
religious charity.
In 2009, The Charlotte Observer reported that "At a time when
Inspiration Networks has been cutting jobs, freezing wages and even
adjusting the office thermostat to save money, the chief executive of
the Charlotte-area broadcaster has invested about $4million in a
lakefront home under construction in South Carolina." According to the
Observer, the new house was slated to replace the 12,000-square foot
home in south Charlotte that the family was living in.
Cerullo's new house, which sits on the edge of the Blue Ridge
Mountains west of Greenville in a gated community that overlooks Lake
Keowee, was at the time ?"shaping up to be one of the priciest houses"
in western South Carolina. The newspaper reported that the house
"includes more than 9,000 square feet, along with a 2,000-square-foot
screened porch."
A year before, The Charlotte Business Journal reported that "the
evolution of the 90- -acre City of Light master plan marks the
intersection of divine inspiration and Disney-style flourishes in a
$150 million campus setting." The campus is located in Indian Land,
South Carolina.
The Charlotte Observer's Ames Alexander recently reported that "As
revenue and salaries at the nonprofit have risen, Inspiration has also
won its quest for a major tax break on its campus in Lancaster County.
In 2010, following an appeal by the broadcaster, the S.C. Department
of Revenue agreed to declare all but 2 percent of the property
tax-exempt. That reversed a 2009 decision in which the state denied
Inspiration's bid for tax exemption," which cost "the county more than
$500,000 in annual property tax revenue."
Rusty Leonard, CEO of Ministry Watch, called Cerullo's compensation
"out of bounds." According to its web site, Ministry Watch has placed
David Cerullo/Inspirational Network on its "list of 30 ministries that
engage in questionable practices that should cause donors to pause
before giving." Amongst those included on the 2011 list are Cerullo's
father, Morris Cerullo, and his World Evangelism, Benny Hinn's World
Healing Center Church, the EBible Fellowship/Chris McCann, the Family
Care Foundation, Kenneth Copeland Ministries, Joel Osteen, Rod
Parsley's Breakthrough Ministries, and TBN/Trinity Broadcasting
Network.
INSP, which claims to reach more than 72 million homes in the U.S.
alone, issued a statement that maintained Cerullo's "compensation is
established by a board of directors utilizing reports and
recommendations of an independent executive compensation committee. He
is not present during the board's review and does not participate in
these discussions or their decisions."
"This committee compares his compensation with other executive
compensation of similar organizations with similar levels of
responsibility," INSP said. "This includes cable television network
CEOs, senior media company executives, CEOs of faith-based national
ministries, and pastors of churches."
Ken Berger, president of Charity Navigator, told The Charlotte
Observer that Cerullo's salary is "outrageous: "You can manipulate the
studies to put a good face on something that defies common sense,
which is what we're talking about here," said Berger.
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